Savings Accounts for Every Stage of Life
The foundation of your membership starts with a Prime Share Account. This account pays dividends and you maintain a minimum balance of $5.00.
A savings account for any need, such as saving for a down payment, college, or an account to escrow insurance premiums or personal property taxes.
Taking a vacation is usually high on most people’s priority list, while actually saving the necessary funds can be a challenge.
We offer Estate Account options for those who are called upon to settle an estate for a Carolinas Telco Federal Credit Union member.
If you have a high deductible health insurance plan, you can save money for qualified healthcare expenses and possibly save on your taxes, too.
IRAs are available as Traditional or Roth Accounts, and are offered through IRA Certificates or IRA Savings.
A Coverdell Education Savings Account (ESA) is an account created as an incentive to help parents and students save for education expenses.
Our expanded membership charter gives all persons within our service areas the opportunity to apply for credit union membership. We offer exceptional services and products, like auto loans, credit cards, mortgages, savings, and checking accounts.
APY = Annual Percentage Yield. The rates appearing here are accurate as of the effective date: October 7, 2024. Updated rates can be found at ctelco.org/savings-rates/, by calling the credit union at 1-800-622-5305 or by visiting a branch. Rates are subject to change without notice. Fees may reduce the earnings on some accounts. All services, such as loans, credit cards, and checking accounts, are subject to approval.
** Rewards dividends are calculated on the minimum average daily balance throughout the qualification cycle. The qualification cycle begins on the first day of the month and ends on the last day of the month. Only one Rewards Checking Account may be opened per member, and any additional checking accounts will be opened as a Basic Checking Account.
